What does the term "digital supply chain" refer to? 🔊
The term "digital supply chain" refers to the integration of digital technologies in the management of supply chain processes. It encompasses the use of data analytics, the Internet of Things (IoT), and automation to enhance visibility, efficiency, and responsiveness across the supply chain. This digital transformation allows companies to track inventory in real-time, optimize logistics, and improve decision-making, ensuring a more agile and customer-focused supply chain operation.
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